ITG FAQ #7 Answer-What are "qualified wages"?
Qualified wages are generally wages subject to the Federal Unemployment Tax Act (FUTA) without regard to the FUTA dollar limit, but not more than $10,000 each year for each employee. The qualified wages also generally include the following amounts paid or incurred by the employer that are normally excludable from the employee's gross income:
Amounts received for medical care under accident and health plans;
Employer-provided coverage under accident and health plans;
Certain amounts excludable under an educational assistance program or that would be excludable but for the expiration of the exclusion;
Amounts excludable under a dependent care assistance program.